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The Top Payment Fraud Trends in 2024

Fintech News

In H1 2024, Visa PFD says it opened a record number of PRA investigations, accounting to an 81% increase from H2 2023. Each of these attacks result in potential losses of nearly US$184,000 for Visa’s issuing partners, reflecting an increase in the average cost of 58% compared to H2 2023, the company estimates.

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Is Southeast Asia Fintech Funding Drying Up?

Fintech News

billion in 2023 and a steep 75% fall from 2022s USD $6.3 In 2024, 164 funding rounds were recorded, marking an 8% decline from 2023. from USD $203 million in 2023 and 68% from USD $587 million in 2022. Payments emerged as a top-funded segment, securing USD $366 million, a 53% increase from 2023.

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Barclays reports growth in UK contactless spending

NFCW

of all eligible in-store card transactions were made using contactless in the UK in 2024, Barclays reports, “surpassing the previous years record of 93.4%” Shoppers also used the technology more frequently in 2024 on average, 236 times across the year compared to 231 times in 2023.

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Latin America Digital Payments Market Report 2025

Fintech Finance

Alternative Payments and Cryptocurrency Surge Credit and debit cards made up over 60% of transactions in 2023, but alternative methods are rising. Chile and Colombia remain credit card-dominated, but alternative payments are expanding. Real-time payments, A2A transfers, and digital wallets offer faster, lower-cost options.

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Secrets of a Successful Sale: Optimizing Your Checkout Process

Speaker: David Nisbet, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer.

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Grab’s Digital Bank Deposits Surpass US$1.2B, Loan Disbursements Hit US$639M

Fintech News

Grab operates two digital banks: GXS Bank in Singapore, a joint venture with Singapore-listed telecom giant Singtel, launched to the public in August 2022, and GX Bank in Malaysia, the countrys first digital bank, operational since November 2023. Adjusted free cash flow was US$136 million, up from negative US$234 million in 2023.

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Cross-Border QR Payments Now Live Between Vietnam and Laos

Fintech News

This service, which has been in development since 2023 through a collaboration between the National Payment Corporation of Vietnam and the Lao National Payment Network Company Limited, is already operational for Vietnamese customers in Laos.

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How Retailers Are Transforming Customer Experiences with Data & AI

Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and Guest Speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation.

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Mapping Digital Transformation: Retail’s Strategic Shift

Speaker: Jennifer Wright, Michael Scholz, Jasmin Guthmann, and Scott Canney

Digital transformation in retail is so much more than new technology. You need to get your whole organization, from entry-level workers to executives, on board with the new tech, new skills, and culture changes that digital transformation brings. Leading this mindset shift can be a daunting task… but that’s where this webinar comes in!

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How Personalized Customer Experiences Drive Retail Growth and Revenue

Speaker: Shaunna Bruton - Associate Director of Product Strategy at Orium | Sam Panzer - Director of Industry Strategy at Talon.One | Frank Passantino - Director of Product Management at Bloomreach

More and more, customers are expecting a better personalized CX. But can retailers actually deliver? Data from McKinsey shows that companies that excel in personalization increase their revenue by 40%, but despite these numbers, retailers struggle to implement customer personalization strategies. So what are the potential solutions?

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2024’s Retail Odyssey: Going Small, Artificial, and Augmented!

Speaker: Kelly Goetsch - Chief Strategy Officer at Commercetools | Jason Cottrel - CEO & Founder at Orium | and guest speaker Brendan Witcher - VP, Principal Analyst at Forrester

Significant modifications are on the horizon for digital commerce in retail and customer experience come 2024. The pace of tech shifts will intensify, businesses are set to defund legacy solutions, and attractive opportunities will surface as social and retail media players join forces.

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The Future of Customer Loyalty: Rewards, Retention, Appreciation, and More

Speaker: Jennifer Hileman - Director, Retail Data & Technology at Orium, and Zach Ettelman - Solutions Partner Team in North America at Talon.One

November 15, 2023 at 9:30am PST, 12:30pm EST, 5:30pm GMT Real-World Success Stories and Future-Forward Practices: Be inspired by the success of industry leaders who’ve harnessed these strategies and gain insight into the trends shaping the future of retail.